Pre-Market Technical Recap on Specialty Eateries Stocks -- Papa John's, Starbucks, Aramark, and Shake Shack
NEW YORK, October 10, 2017 /PRNewswire/ --
If you want a Stock Review on PZZA, SBUX, ARMK, or SHAK then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. DailyStockTracker.com has initiated research coverage on Papa John's International Inc. (NASDAQ: PZZA), Starbucks Corp. (NASDAQ: SBUX), Aramark (NYSE: ARMK), and Shake Shack Inc. (NYSE: SHAK). Companies in the Specialty Eateries industry operate restaurants and other eating places, including full-service restaurants, quick-service restaurants, cafeterias and buffets, and snack bars. Daily Stock Tracker provides great insights on these stocks in its free research reports at: http://dailystocktracker.com/register/
Papa John's International
Louisville, Kentucky headquartered Papa John's International Inc.'s shares saw a slight drop of 0.66%, finishing Monday's trading session at $69.50. A total volume of 298,392 shares was traded. The stock is trading below its 50-day moving average by 7.10%. Moreover, shares of Papa John's, which operates and franchises pizza delivery and carryout restaurants under the Papa John's trademark in the US and internationally, have a Relative Strength Index (RSI) of 34.67.
On September 22nd, 2017, Papa John's announced that it has created an unforgettable and new hip-hop anthem that will have crowds cheering "Cowboys20" all season long. The music kicks off the fourth year of the Company's COWBOYS20 pizza deal. When the Cowboys score 20 or more, fans score 50% off their regular price menu order the next day at PapaJohns.com with promo code COWBOYS20.
On October 03rd, 2017, research firm Stifel initiated a 'Hold' rating on the Company's stock, with a target price of $65 per share. Free research report on PZZA is available at: http://dailystocktracker.com/registration/?symbol=PZZA
Starbucks
On Monday, shares in Seattle, Washington-based Starbucks Corp. recorded a trading volume of 5.82 million shares, and ended the session 0.27% lower at $55.02. The stock has gained 2.86% in the last one month. The Company's shares are trading 1.34% above their 50-day moving average. Furthermore, shares of Starbucks, which together with its subsidiaries, operates as a roaster, marketer, and retailer of specialty coffee worldwide, have an RSI of 58.00.
On September 27th, 2017, Starbucks announced the release date for Season 2 of Upstanders, an original series about real people making a difference in their communities. The series will feature written, video, and audio stories of ordinary people from across America showing extraordinary courage. On October 10th, 2017, in an unprecedented partnership, the series will be available online on the Company's site and on Amazon Prime Video through the Amazon Video Direct self-publishing service.
On October 03rd, 2017, research firm Stifel initiated a 'Hold' rating on the Company's stock, with a target price of $58 per share. The complimentary research report on SBUX can be downloaded at: http://dailystocktracker.com/registration/?symbol=SBUX
Aramark
Shares in Philadelphia, Pennsylvania-based Aramark closed flat at $41.42. The stock recorded a trading volume of 835,581 shares. The Company's shares have gained 1.82% in the last one month, 4.28% over the previous three months, and 15.96% since the start of this year. The stock is trading 2.99% and 9.45% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Aramark, which provides food, facilities, and uniform services to education, healthcare, business and industry, sports, leisure, and corrections clients in North America and internationally, have an RSI of 66.45.
On September 26th, 2017, Aramark and the National Football League (NFL) announced a multi-year agreement that will enable the former to serve as the official retail merchandise concessionaire for all special league events in the United States, including the Super Bowl, Pro Bowl, Scouting Combine, NFL Draft, and Kickoff. The duo will work closely together to provide fans with a unique way to remember and memorialize live events through on-site and in-stadium stores, pop-up locations, and auxiliary and hotel outlets. Visit DailyStockTracker.com today and access our complete research report on ARMK at: http://dailystocktracker.com/registration/?symbol=ARMK
Shake Shack
New York headquartered Shake Shack Inc.'s stock ended 0.80% lower at $33.50 with a total trading volume of 396,097 shares. The Company's shares have advanced 8.45% in the last one month. The stock is trading above its 50-day moving average by 4.62%. Furthermore, shares of Shake Shack, which owns, operates, and licenses Shake Shack restaurants in the US and internationally, have an RSI of 59.02.
On September 26th, 2017, research firm Wedbush downgraded the Company's stock rating from 'Outperform' to 'Neutral' while revising its previous target price from $40 a share to $36 a share.
On October 03rd, 2017, Shake Shack announced the Astor Place Shack, which will introduce a new guest flow at the restaurant. Set to open its doors in early October at 51 Astor Place on the corner of 9th Street and 3rd Avenue, the Shack is designed to enhance operations and guest experience, and will feature kiosk-only ordering, a cashless environment, and an optimized kitchen for greater throughput. Get free access to your research report on SHAK at: http://dailystocktracker.com/registration/?symbol=SHAK
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